Flextrade Debuts Block Trading Support
FX TECHNOLOGIES
NEW YORK—Trading technology vendor Flextrade plans to launch the first block foreign exchange (FX) transaction platform for the sell side and buy side next month.
Other players, including spot broker EBS, are also understood to be considering similar initiatives amid frustration among market participants over the difficulties in trading large blocks with minimum market impact.
Flextrade's platform, called MilanFX, will enable users to execute large-block FX trades, typically at $100 million-plus
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